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rising home prices. all these are more important to the united states than what's going on in europe. >> mark, how do you see it? you invested in europe these days or no? >> a little bit, maria. you know, i guess the thing i would say about europe and soon to watch on our shores is you're going to pay more and get less. i look forward to the dislocation between price and value. i think there are a few opportunities in europe selectively. a company we own called securitas, which is a man-guarded service. it trades for about 50 krona. we think it's worth 72. we get about a 6% dividend yield. there's an example where you can find opportunity. >> everybody's looking for yield in an environment where we can't find any. rick, what are you seeing there today? >> you had a great point. everybody's looking for yields, so everybody needs to take more risk. that's the plan. the problem is, when you take more risk to get more reward, you have more risk. you know, take the word austerity and throw it out. use the word reform. one guest just said central bankers are doing all the heavy lifting. be
the united states rejects the efforts to denigrate religious beliefs of others, we must oppose the violence that took the lives of these public servants. again, the president will speak about this attack 10:35 eastern, we will carry it for you. and the u.s. embassy in cairo attacked. an american flag was ripped down and destroyed there and remember, we've given billions in aid to egypt. coming up in a few moments, ambassador john bolton will join us, where is america's mideast policy headed and should we keep paying? just this morning, germany's top court approved that nation's participation in a european bailout, paving the way for money printing in europe. and the markets like it. here is a look at dow futures, oil and gold. all of they will are up this morning, as of right now, they're all up. and they were up a whole lot more before the news of america's ambassador being killed in libya, before that news came out. we're up a lot more. we've got a big day for apple. a new iphone expected to be unveiled and mark zuckerburg, says it's time to double down on facebook, we're watching both bi
issues for the united states is how do we react to this? because we've got our fifth fleet stationed in bahrain. bahrain has been a friend of the united states for last several many decades and there is this tension between our commitment to human rights, our commitment to our democratic principles on the one hand which are vitally important for us but our real world, concrete interests insuring the flow of oil through the straits of hormuz which you covered. insuring that we have stable relations and influence with governments in the region like saudi arabia who have an in this. melissa: i want to talk about the video we're looking at here. he is trying to make the case, he said this repeatedly and very open about it when were doing the interview and didn't shy away from the question. when you have people in the streets throwing molotov cocktails you are putting in jeopardy the safety of the rest of our citizens. he makes it sounds like you have a few people causing trouble the other side would say these are a few people standing up for democracy that want a voice and this is a mona
is a big thing that iran knows and israel knows and the rest of the world knows that the united states is not going to let iran get a weapon or capability of getting a weapon. >> first of all, i think there's a balance. you need to strike a balance. what many including governor romney and congressman ryan and others around the world have said you have to be specific about this capability point. that you have to be able to signal to the iranians and the world that just building the weapon or getting close to building the weapon, is not the red line. having the tools at their disposal, that they would be easily assembled is a big problem and must be stopped because if they have the tools to assemble a weapon, easily assemble a weapon, it will have the impact that the iranian leadership wants. it will enable them to establish some set of region in the back their terror proxy operations through hezbollah and hamasimpum to just put pressure on friends and adversaries of ours and that's unacceptable and drawing that line does not mean you have to say at this specific moment at this specific
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
the united states. ever. it is likely the iranian's president final speech to the u.n. attacking the united states and railed on israel calling its people "uncivilized." this is the holiest jewish holiday of the year. both presidential nominees crossing paths in ohio today. voters in ohio cast ballots in days. we will look at the poll that shows a candidate leading well outside the margin of error. the rising cost to stay in touch. smartphones can be expensive. we know that. just wait until you hear how much they are cutting into a lot of family budgets. that is all ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city, the iranian president, ahmadinejad, today delivered what could be the last antiisraeli american and antiisraeli ranting in front of the u.n. the american delegation did not walk out. the american delegation never even showed up. they were out before he took the podium. the president, ahmadinejad, has less than a year left in the second and final term. the united states and israel have accuseddive ran of working toward a nu
. that is greater than all android phones combined in the united states. with that kind of intent to buy it, we will see a large market. david: they're going to be selling $99. of course that is the older version. the cheaper price also comes with less connections in the iphone 5 does. there'does the 1.2 gigabytes peh compared to those with slower connection. >> apple is covering all the price points. that is a keeping time to address a large body of consumers. you will have the iphone for which is a great phone given away for free on contract. i think they're doing a great job of going up against the competition and frankly at this point over 50% of americans already have smart phones, so getting into mainstream, mom and pop buying smart phones and it has to be really easy to use and apple has set the gold standard. david: what about the corporate market, lot of corporations going for the blackberry. is this going to tap into that market? >> the iphone has been adopted by companies a lot of the fortune 500 are already using iphones. that sai set in a couple of weee will have blackberry jam whe
with the united states. we are your number one exporter relation between colombia and the u.s. do you feel that the current administration is doing enough to encourage colombian trade? is there something more that can be done? what is your wish-list for your country related to the united states? >> but at least to have congress ratify the free-trade agreement with colombia, the free-trade agreement we negotiated and closed with the united states during the previous administration. liz: david has one more question. david, go ahead. david: it is related to the problems in mexico. as you know corruption is endemic in mexico. there is so much corruption that has gone on for so many decades in mexico. again a lot of businesses are reluctant to get in because of that. if you're going to clean up the drug problem in mexico as you did in colombia, you have to deal with corruption. particularly among the police who are supposed to go after the drug dealers, not work with the drug dealers. how do you deal with a corruption problem in a place like mexico? >> no, no. i can not speak about mexico. i ha
and final term. the united states and israel have accuseddive ran of working toward a nuclear bomb. inspectors have questioned claims that the enrichment activists are for peaceful purposes. ahmadinejad said the israelis were uncivilized zionists. >> the pledge to disclose armaments in due time is being used as a threat against nations to get them to accept a new era of continued threats while the uncivilized zionists to resort to military action against our great nation is a clear average of this reality. >>shepard: as i reported the american delegation boycotted the speech along with the israeli delegates which decided not to hear the iranian president on john yom kippur, te most holy day of the jewish calendar. >> he again used the trip to the united nations not to address the legitimate aspirations of the iranian people, but, instead, spout paranoid theories and repulsive slurs against israelis according to the mission to the u.n., the special spokesman. more subdued this year than last year. >>jonathan: given this is his last speech as president of iran and the rhetoric we hav
to the united nations. that is why the united states will do what we must to prevent a run from obtaining a nuclear weapon. lou: the president was careful in his language. radical islam not mentioned once in his speech even though there is convincing evidence and a consensus that it was not an attack carried out by terrorists with links by al qaeda if not led by al qaeda. president obama did defend israel in the context of the 2-dissolution the palestine. president obama did not use the word allied to it specifically describe our relationship with the jewish state. the president refused one-on-one meetings with any of the world leaders. this is the same man who, as a candidate, pledged to, more than four years ago, the with our enemies without preconditions. he criticized the bush administration's unilateralism. >> the notion that i am not talking to countries is punishment to them which has been the guiding diplomatic principle of this administration is ridiculous. lou: we will be examining the guiding principles of president obama's foreign-policy tonight with armed services committee m
in vermont. of course, the company's first set up. and we still make 70% of our products in the united states. cheryl: and you've been there for 25 years, we should mention to our viewers, you yourself have been with this company for 25 years. one of the most impressive things, i think s you've been able to keep 70% of your manufacturing in the united states at plants in the united states. what's the secret? >> well, the secret is what you have also indicated is the fact of being around for a long time and also thinking long term, making investments. you know, manufacturing in the united states is not easy, and if you're not thinking long term, if you're not continuously investing, it's not possible. because, you know, we have great people, we've got great history. we, in fact, have 73 locations in china and 60% of the product we're shipping from the united states to china. in furniture which is, you know, not made by robots. we still have a lot of labor even though we have a lot of, lot of technology that we've introduced. so i think it's a question of quality, it's a question of craftmanshi
. second-largest copper building wire manufacturer in the united states to compete against three companies. the private company and a buffet lead company which is in not martin group of, it is unfortunately an interaction in the marketplace but at the end of the day copper wire is used half and half between commercial construction and new housing construction and we have both of those sectors which are well below trim line and encore wire is trading at 15 times earnings and six times cash flow. 40% from the peak and significant earnings. dave: i got to interrupt because we are talking about ben bernanke and breaking news on ben bernanke. >> chairman of the federal reserve will meet with lawmakers in the finance committee. private meetings next wednesday. this according to an aide to one of those lawmakers and these will be private meetings when he meets with members of the finance committee and ben bernanke's meeting is going to focus on the economy and fiscal cliff. dave: thank you. i want to get a quick comment. that brings back memories of 2008. these emergency meetings between ben bern
should be the response to this? >> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are subsidizing that government. as a matter of fact, we decided to forgive a billion of debt they owe us. >> well, one of the big policy questions that's looming over the horizon is whether egypt is too big to fail much since the arab sprang began, egypt lost more than two-thirds of the hard currency reserves. initially, the arab spring was about economics, accountability, corruption. it's clear that islamists have hijacked it. they were caught by as much surprise as the united states has. the question is if we keep subsidizing the egyptian government, do we, in effect, give the
you are president of the united states, you are president of all the people. not just the people who voted for you. >> you've got to look at what the guy has talked about through the whole campaign. he believes that every american has to have skin in the game. has to have a stake. and he doesn't want what the president wants works i is a bigger, more bloated government that's taking more people's money and being more oppressive on people's lives. he wants to empower individuals through sacrifice and opportunity to get their lives as date as they can and be make america greater. >> the real story behind these comments is what is behind it is president obama's very deliberate attempt to do class warfare as part of his campaign strategy. it's president obama who has decided to divide the electorate down those levels. >> i get the general feeling that with more and more people becoming dependent on government, that by next july we could perhaps be so -- it will be dependence day, not independence day. this is not something i am just feeling alone. >> oh, come on. oh, come on. >> this cou
smoke coming out of the u.s. embassy. they have replaced the united state flag. there are also reports they have taken over an american school there as well. fox is trying to confirm all of this. it is similar to what we are seeing and other countries, in particular lebanon. at least one person was killed in the protest. many more were wounded. this comes as pope benedict xvi arrived in lebanon. protesters they were seen ripping up his picture ahead of his visit to lebanon. here in afghanistan, we feared there would be widespread violence. so far, those have not materialized. it has been very peaceful here in kabul. there are real concerns that the rights will spread to afghanistan or pakistan in the coming days. melissa: connor, thank you for that report. lori: these are trying times, that is for sure. let's see how the markets are reacting. nicole petallides is on the floor of the new york stock exchange. nicole: we are keeping a close eye on some of the office product retailers. there is news. the first set of news is stapled it now has private equity firms interested in taking it p
've always expected people would get in the united states of america. that only comes from the private sector. that's where, i think, the romney approach, people will find to be the right one. >> this market has been rallying. of course, it seems to be working in obama's favor, even though it's probably has a lot more to do with the central bank and all of the easing out there than it does to the policies. is there any reason to believe that if this president is re-elected, then he moves to the center that, he does the policies that you're talking about that romney, of course, has been leading with? >> i think that's been my greatest disappointment, that we have not seen this government move more to a centerous approach to move the country forward. there were numerous opportunities to do that. i just don't think it aligns with where the president would like to take the country. there's one approach that says static pie, let's figure out how to split it up. that's the approach that's being taken. when they say we're all in this together, we're all in this together, but we're going to take from
beliefs of others. >> let me state very clearly, and i hope it is obvious, that the united states government has absolutely nothing to do with this video. >> welcome back. the state department sending $70,000 of your tax money to air this ad in pakistan. >> we reject all efforts to denigrate the religious beliefs of others. >> let me state very clearly, and i hope it is obvious, that the united states government had absolutely nothing to do with this video. >> those ads are going to reach about 90 million people in pakistan, running on seven pakistani tv networks. the administration said the attack in libya had nothing to do with the movie. it was planned by months-- for months by al qaeda. charles payne and sandra smith are here, what's your take on this? >> it's outrageous. i'm surprised we didn't see a guy who looked like ben franklin in a powdered wig and a bulldozer, running over the constitution. please, pakistan, please. >> how can we allow christians in america to be boycotted by millions of cities because an executive has an opinion on one thing and then begs them to for
, there is not a liberal america or a conservative america, but a united states of america. >> reporter: he has made a sport of outspeaking the adversary. >> john mccain says that he would like to follow osama bin laden to the gates of hell, but he won't follow him to the gates where he lives. >> reporter: and yet he faces the biggest challenge tonight, can barack obama top barack obama? >> the expectations game tonight works against the president. it is a speech that will be compared to the '08 speech. >> reporter: obama comes from a long line of presidential party candidates who faced similar challenges. recall bill clinton's snoozer of a speech. >> in closing -- [ cheers and applause ] >> reporter: became history when it was replaced by the 1992 rousing speech. >> i have news for those defenders of greed and the status quo, your time has come and gone. >> reporter: it is up to obama to live up to clinton's second successful convention speech. >> tonight, let us resolve to build that bridge to the 21st century to meet our challenges and protect our values. >> the president has to make a case for h
. >> this is offshore buoy much like we use here in the united states off the coast of dell wear and new jersey? >> that's it exactly. >> you have partnered with british petroleum. they will start delivering lng, is that correct? >> that is not done yet. one we're doing is accelerate energy. an american company. that we like and trust. and hopefully they will be our partner in exporting, or i am porting the -- importing the natural gas. >> i'm an investor in the united states programs i could take a stake or investment in accelerator. >> that is great idea. >> what other opportunity because israel natural gas is a state-owned company. how might i get in on what you're building next three or four years to become a natural gas exporter? how can an investor here take part in that? what companies are you working here in the states to work with that infrastructure? >> you can invest basically, although we're fully owned by government we issued bonds, we are rated aa-plus and by moody's and s&p. you could invest with the company but more likely that you would like to invest with the partners around us from th
. it was happening. in the last election, 2008 the jewish vote in the united states when 78 percent president obama. >> if you ask me about the policy of president obama regarding is relevant to you president obama was not a friend of israel. stuart: that is where i have to hand it. dagen and, carry it forward. charles: you'll be interested, we have a big story that just came in. sports related. dagen: everyone listen to this breaking news. you will want to hear it. the owners of the boston red sox have begun quietly shopping the team and are mulling a potential sale of the story baseball franchise. charles: well, charlie gasparino is the one breaking business. he joins us on the telephone with some details. >> reporter: well, full disclosure, this is coming from a yankee fan. [laughter] taken for what it's worth. people with direct knowledge of the situation, here's what we know. the boston red sox management is quietly shopping the franchise. they have had an internal discussion about selling the boston red sox. they have talked to at least one person i know about the potential sale of the price
. dagen: china looking to put an end to the united states domination of the western pacific by expanding its navy presence, forcing the u.s. to send a significant number of troops to the region in response. connell: fox news adam housely is with us now in san diego with the latest on that. adam? >> yeah, connell and dagen it's one of those stories that's kind of flown under the radar a bit because so much is going on in middle east and on going operations in afghanistan but it is extremely important in the pacific because china is doing what it can to really increase its reach if you will because they are going for more resources as we know and more influence in the region. over the course of the last 20 years they have increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with
printing spree here in the united states, printing anywhere from 2.4 trillion to $2.7 trillion in order to buy up bonds, including a lot of government debt directly. they say, hey look, so far we don't have inflation so there is no harm in it. to what you say? >> 2% inflation as opposed to a greater level of inflation, there is such a panic in europe that everybody was racing out of the europe into the dollar. holding dollars the fed created instead of spending them same in the united states. because of the economic situation in the united states, many people are using dollars they receive, indeed some printed by the fed to repay debt inset of consume. the whole idea we're not cooking inflation in the oven in the long run is a false idea. the key to the gold standard and going forward to a modernized gold standard it is a prescription for long-term economic growth. under the gold standard the american economy grew at 4% compounded annually, from the birth of the republic practically up until 1971. whereas the economy under the federal reserve's quantitative easing in the last decade has
one. number two the president needs to talk about the relationship between the united states and israel. when he says that israel, that the united states always has their back on all issues what does that specifically mean? i think, three, the president owes it to the people of this country to know what his foreign policy is. the president in 2008 laid out a foreign policy that he would hit reset button with russia. i believe that has failed. melissa: yeah. >> he said he would have negotiations with iran. that has clearly failed. iran is closer to nuclear weapon, melissa, than ever before. he has said that the arab world would have a much better relationship because he is the president. that's not the case when you have these sort of concerted organized abuses going on. melissa: right. start with the first one, saying the war on terror is still ongoing. do you think that it is realistic that he would do that give that he sort of spiked the football with the death of osama bin laden saying that it was almost over? do you think that he is really going to acknowledge that is sti
, the united states is also affected. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios for many, nexium helps relieve heartburn symptoms ...but you still have to go to the gym. caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. neil: wh
and commitments of the united states. i think the american jewish voters who support obama resonate to, whether wisely or not, they see in him a character whose values are in line with them and then will trust that his support for israel will get there. do i think a lot of people how have reason to question that the last three and a half years. yes, do i think the numbers are going to go down. >> yes. do i think that the obama campaign should worry about that. and not worry about it because of what it says about american jews. i think that america should worry about it because it says if they are weak about the relationship with israel that's not a jewish vote that's an american security thing that weakens all of us. >> i've got to bring up the issue of president obama's what some see as an apparent tilt towards muslims in the middle east. that's an apparent tilt. apparently to a lot of people, not to mention the refusal to meet with bb netanyahu. >> which i think was a terrible mistake. >> doesn't that lower the number of proportion of the jewish vote for president obama? >> i think it will. >
surveillance in the united states. after their two weeks of work, lawmakers will likely only finish government spending, maybe disaster aid or benefits for needy families. it is very unlikely congress resolves anything on taxes, fiscal cliff, post office reform, or the farm bill. and a top house republican blames it on the senate and says it is all democrats. >> the u.s. congress has been working quite a bit. it's the u.s. senate that's been stopping everything. so we don't know how much comes to fruition, but we do know we will get things through the house, but when it gets to the senate -- [inaudible]. rich: democrats say it is the republicans fault. in an op-ed in politico, it says since president obama took office republicans have done little but obstruct and delay. democrats have offered their plans. republicans theirs. neither sees the political benefit of negotiating any of this until they know who wins in november. connell: rich, thank you. rich edson in d.c. for more, let's bring douglas holtz-eakin in, former cbo director, also in washington. it's almost a joke to us after a while, t
policy of the united states, progressive area into the fdr and lbj years and we accept those laws now as part of redistribution. stuart: judge, i've the got to jump in. i would go further. i would maintain that to some degree, redistribution, neo-socialism is popular. >> it's popular. certainly popular with the 47% of whom mitt romney spoke. and some receive some for social security and medicare, most are paid money from the government. >> paying payroll taxes on that money. >> this is a scam. here is the the scam. when fdr sold the country on social security, he said we will quote, hold your money for you, his word. we will hold it for you and when you retire, we will give you back your nest egg. he was lying. we know he was lying because at the same time he said we will hold your money for you, he dispatched justice department lawyers to the supreme court to argue against challenges on the constitutionality of social security. and then those arguments, the lawyers said it's not the money of the taxpayer, it's the federal government's money and the federal government is free to spend
. the defense minister pointed out we have best relations between israel and united states of the securities we have ever had. we have operation iron dome which allows the folks in israel to be protected from these rockets. i think it is one of those things that it is election year thing. connell: but the week of the u.n. general assembly, you don't think that's a fair political criticism from the other side? say hey listen, there's a lot going on here in the world, you should have sat down with them, you don't think that's fair? >> i don't think it's fair. he keeps good communications with the rest of the world. our relations with the rest of the world have been better than a long time. when i travel, people were very very pleased with what the administration was doing. they respect the president. look, we're in the last what 40 some days of a presidential campaign. that's the high priority. connell: let's talk about that a little bit before we let you go. the republicans would say look at the unemployment rate under president obama how it's stayed above 8%, this is quote unquote our year, we
the list of one of the wealthiest people in the united states for the 12 year. he has a net worth of $66 billion. while the head of berkshire hathaway came in second with a net worth of $46 billion. that's the latest from the fox business, giving you the power to prosper. melissa: so the fiscal cliff is quickly approaching. let's find out what congress is doing about it. rich edson joins us in d.c. with the latest. rich? >> we'll call them the cliff experts. federal reserve chairman ben bernanke, the director of the congressional budget office and the chief of staff on the joint committee on taxation. these are the authorities on capitol hill what lawmakers actions will do to the economy and the federal budget. they're meeting with members of the senate finance committee and others. fox business was there where budget committee chairman kent conrad said congress could work out a framework to solve the cliff before it hits. >> there might be an interim step in order to give time for the committees of jurisdiction to actually come up with some of the specifics. but that the overall agreeme
of people protesting this anti-muslim film made here in the united states. dagen: rick leventhal from fox news joins us live. rick. >> the pakistani government declared today a national holiday, love for the prophet. nonviolence, but things got ugly fast. and across the streets of pakistan including islamabad to keep protesters from approaching the consulate there. and demonstrations in karachi, five movie theaters were burned and a couple of banks on fire. and one officer killed there. and in peshawar, hundreds of demonstrators set movie theaters on fire and police used tear gas. at some point opened the fire on the people and hit a pakistani news vehicle and killed the driver there. and they were marching through the streets and protesting the anti-muslim film and burned a makeshift coffin draped with an american flag and burned an effigy of president obama and around middle east and africa and security has been beefed up at a number of u.s. and western embassies around the region as a precaution, guys. dagen: rick, thank you for that reporting. connell: and nicole, the new york stock e
the state of the economy than any other government reports we're getting. ashley: united states is one of the world's most economically free countries. think again. the cato institute says the u.s. dropped from the top 10 to 18th on the list in its annual report. coauthor ian vasquez will be our special guest ahead to explain that. 18th in economic --. tracy: we were 10th last year. he has got to tell us what is going on. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. nicole we're down about eight points right now? >> right. the truth is yesterday we gave back about 40 points. wee had two weeks in a row about gains. fed stimulus and bond buying extending low rates. everyone seems to be taking a bit of a breather. right now the dow is down as are s&p and nasdaq as well, all to the downside. down .1 or .2 of a percent. we have winners like apple which obviously broke new records. fedex has come under pressure. fedex once again is warning about a tough global economy. so they came out with their numbers today. they
been going in terms of violence, and also, he says this is not over yet because if the united states does not respond appropriately to his mind, which means punishing those involved with this film, he says these protests could continue. i said, what do you want to have dope to the filmmakers? he said, well, i'd like to see them tried in front of a sharia court meaning if they don't repent for insulting the prophet, he thinks they should be executed. that shows how quickly, simply how a jihadist leader talks about an anti-american protest brings out a few thousand people in front of the u.s. embassy. that shows the ground swell of anti-americanism now taking place in cairo. back to you. tracy: leeland, out in cay row, thank you very much. ashley: continuing with rising tensions in the middle east, oil traders growing more concerned as conflicts spread west to oil rich nigeria. phil flynn has more on this. are you concerned then, phil, what's going on in nigeria? >> i am right now. see, egypt doesn't produce a lot of oil, and because we built in good buffer of supply in case of a disru
, colorado. the president of the united states stopping. >> tens of millions of americans with preexisting conditioning by repealing reform. he calls it obama care. i like the name. i do care. we thought to pass that law for families like ryan's. we know the heartbreak of a broken health care system. i don't mind if folks think i care, i do care. and i don't know exactly what the other sides' proposing. i guess you can call it romney doesn't care but this law is here to stay. we are not going to refight the battles of the last four years. we are going to implement this law and make the health care system work for families all across america. it is time to move forward. that is the choice in this election. of course, this isn't just the only battle that they want to refight. they want to refight battles we thought were settled in the last century. in november you will have some say as to whether women should be trusted to make their own health care decisions. i think they are. you'll have some say as to whether students who were brought here by their parents as infants and have gone to scho
into a tailspin. >> not the threat just for the united states of america this is the threat for the global economy given the size of the u.s. economy, and its linkages with many other countries in the globe. neil: so there you have it all on us, the whole globe. our fiscal mess in u.s. is a bis mess for the whole world. are you kidding me? france digs itself into a deeper hold every day,ments ts wants te richest at 75% there that is fine, we want to imminent minor cuts over the course of a decade, that is not find? i don't think so pepe . i call it selective sides on point of europeans who would sooner point a finger at us, than look at themselves in the mirror. they have built their finish toilet, and they blame it on us, that stinks. last i checked it is your bed that is sinking, your treasured club getting clubbed, and your euro is the real zero, it takes call tor crist to -- gall for crist to sound so punchy, in any access or language, how shall i say it le pew . this just in. a lot of votes already in, with millions of americans voting early, this makes you rethink of strategy of a end of med
, in the united states, i mean, here we are with a different demographic story, we're living longer, people talking about living to 100 now. in fact, social security hasn't changed at all. so, shouldn't we be changing based on the evolution of a country, of a city? i mean, that's one of the issues. if you're going to be living longer and needing more of the benefit from the country, don't you need to change some of the promises? >> i'm all for change. change has everybody in on it. but we faced a very strong antitax, antibiotic spending, antigovernment ideology. when you're talking about a city, not the state or federal government, means the things people experience every day, cops, fire, sanitation, police, schools, that stuff turns out to be much more important to the quality of life than with e mig have thought. there's a work out here. there will be changes. changes will come. but it has to be done with decent respect for all the players. >> what do you think should be cut, then? >> what do i think should be cut? oh, i think you can find in any system -- >> where? what? give me one idea
. an extraordinary releases this afternoon from the united states government. the first thing we got was this order from president barack obama ordering the company to divest from a wind project in oregon using the so-called sifieuos program. this one is the fist time in 22 years that the u.s. government has done this it or president of the united states has done this. it goes beyond what we've ever seen before, including this language ordering the facility in oregon to effectively be rai razed, saying the company must remove all structures, items, or physical object, including the concrete foundations of the property. that's the first time anyone ever affiliated with this has ever seen anything like that. the treasury department later in the day issuing a statement saying why they might be so sensitive about this facility, saying, the wind farm sites are all within the vicinity of restricted air space at naval weapons system trading facility boardman in oregon. now, this is a sensitive military facility in oregon. we looked on their website to find out exactly what they are doing out there. here's
. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and it could even have an impact on the presidential election. in a detailed study of the summer's drought which scored soybeans, corn and other crops across the nation, macro economic advisors out of st. louis estimate it could shave as much as a half point off gross domestic product this year. that's a big hit to a $13 trillion economy from a total farm sector that accounts for just -- wait for it now -- 1% of the nation's output. ben herzon is the economist who did the study. pe explai he explains the drought's outside impact. >> even though it only accounts for 1% of the economy, big changes in farm output can show up in
economy and that's why the united states must do what we must to prevent iran from obtaining a nuclear weapon. >> and that's president obama speaking at the u.n. yesterday and ahmadinejad speaks today. in the next hour, the american muslim's response from the american islamic forum for democracy. joining us at 10:15. and elizabeth warren making headlines again, but do you remember this? >> in this country, who got rich on his own, nobody. you built a factory out there good for you, but i want to be clear, you moved your goods to markets on the roads to paid for. >> the woman who started the income envy debate with that rant. turns out she was getting paid by a steel company and that against the unions. could it be true? and that's not all. questions whether she's licensed to practice law. that is just one of our new at ten stories. and then we have barnes & noble. it's got a lighter and thinner e-reader. so, nicole, is the stock up? >> oh, yeah, the stock is up lighter, thinner, high def. you want 7 inches, you want 9 inches, want to be able to read in the dark and do you want a strong
is at the center of economic growth in the united states, so don, ed, martin, stick around. we're going to continue this conversation after the break. you all know now the unemployment rate in america fell last month but before anyone celebrates, realize this is because many job seekers appear to have left the workforce. i'll show you the hard numbers on whether president obama is a job creation failure or success, after the break. [ male announcer ] now you can swipe... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. but between check-ups tartar builds. keep it clean with new listerine® ultraclean™. it's the only mouthwash with a new tartar control formula for a dentist clean feeling. ahhhhhhhh. [ male announcer ] new listerine® ultraclean™. power to your mouth™. throughout our entire lives. ♪ one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as w
leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to meet with anybody, or he did make recommendations and the president said, in a, i don i d want to meet them, i'll give a speech and then get to ohio. >> just to follow up on this, i'm thinking of the netanyahu story with israel and iran. one of the key issues, we had professor from harvard law school is whether the united states will truly decisively back up netanyahu and israel militarily. now, with all respect to hillary clinton who is doing a fine job on this stuffy imagine, it's only the president who can make a statement like that.imagine, y the president who can make a statement like that. only th
here in the united states? we've got similar issues, don't we? we have an e more nor we? we have an e more nomous debt l and the debate on what to cut. >> there's always a question of priorities and where you focus your attention. i think the president has made a major effort to reduce the budget deficit and also to invest in the future of the country, just like a corporation in many senses that has too much debt, that it has to put its debt in line with its ability to raise revenues. it also has to invest in its future. the president, i think, is investing in education, infrastructure, many things that will make the country stronger. that's really the goal. it's to have a sound budget policy but also invest in the country's future. i think that's what the president's trying to do. >> but bob, we haven't had a budget in three years. >> well, a lot of programs that he's proposed have not gotten through the congress. that's a big challenge. he's focused on education. he has a very significant proposal on infrastructure development. these are the kind of things that are needed to make us
in the united states, but look what's happening. the market just keeps laughing it off and going up in the face of danger, all of the indices are up today. as cheryl and i were talking, they did come down a little bit. it was triple digits in the dow a little earlier in the day, it came down from that point but still a 69-point gain b is quite impressive. all of the indices, nasdaq the smallest of the gainers today, just up .02%, but russell 2000 up as well. when the bell rings, the action begins, a former hedge fund manager who says the federal reserve does have a secret weapon that a lot of people aren't talking about that it could fire this week. it's not more money printing we're talking about. also, we have a fox business exclusive interview with legendary investor mark babier, he's going to outline the five reasons why he thinks equities could fall, but first, today's data download. stocks ended the day in the green but well off session highs. energy and financials were the best performing sectors while consumer staples and utilities did lag. the dow hit its highest level since december 2
together since both the united states federal reserve and the bank of japan lored interest rate policy and put in additional stimulus in the global economy. last night silver and gold cracked, and there were a lot of people shaking their heads as to why the metals cracked, and there is perhaps talk out there there were large derivative positions out there that perhaps silver gets above $36 an ounce, you could see a large short covering trade. so be careful. but the fact that gold and silver cracked in this global, aggressive central bank easing campaign doesn't make sense either. david: no, no. of course, it was a crack. it may come back. john, we're going to be talking more to you when the s&p futures close in just about ten minutes. thank you, john. liz: thanks john. let's bring in maury, chief investment officer of relative value partners and david steinberg. both these gentlemen a lot of experience in the markets and a lot of money that they work with. david, you're a bit more optimistic right now, and as we look at the s&p 500 which is certainly up over the past year, pretty stron
. plunging 4%. david: united states ambassador to the united nations and ambassador to libya presented two different views of events that led to the death of our ambassador and three others. take a listen. >> that information is the best assessment we have today in fact this was not a pre-planned, premeditated attack. >> the way they acted, leaves us with no doubt that this is preplanned, predetermined. david: to exactly different answers to that question. it could lead to billions of dollars of investment for libya, something of great interest to our next guest. a member of the libyan royal family joining us now, good to see you again, thank you for coming in. on whose side do you fall on this issue? the president of libya or the u.s. ambassador? was it a planned attack or was it spontaneous? >> it was a planned event which was the work of qaddafi supporters. they have no shame in want to disrupt the democratic process in libya that have taken place right now. david: if it was a planned event, and we know that particular consulate was under increased threat over the past week or so, she d
ahead. and if the united states locked in an economic cold war with china? the author of a new book says yes. he will tell us why he thinks u.s. companies and political leaders need a completely new battle plan to fight the chinese threat. hmmm. as we mentioned the dow only down about 17, 18 points right now. top of the hour. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. hey, nicole. >> hey, trace, good afternoon, everybody. the dow is down 18 points. it is off the highs we saw yesterday. closed at the highest level since december of 2007. today pulling back about 18 points. not really giving back that 244 point gain we saw yesterday. right now the nasdaq has a down arrow. the s&p is up one quarter of 1%. i want to look at a laggard though on the dow jones industrial average. that is kraft. when you look at kraft, they have two kinds of businesses. they have the international business and the north american business. they will be spinning off. that will happen october 1st. when they gave the projections for 2013
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